Elite tax evasion unit Cobra preventing huge tax losses

The country’s elite tax evasion unit, Cobra, has prevented tax losses to the tune of CZK 16 billion in its ten year existence. Last year alone it detected tax fraud to the tune of CZK 1 billion, Customs Administration head Marek Šimandl told reporters on Thursday. The elite tax evasion unit enables various branches of the state administration to combine tax expertise with criminal procedures and better intervene against tax crime. The project does not create special teams or departments, but uses existing capacities without additional financial requirements, Šimandl said.